Abstract
Abstract
We give a complete description and clarification of the structure of the Lévy area correction to Itô/Stratonovich stochastic integrals arising as limits of time-reversible deterministic dynamical systems. In particular, we show that time-reversibility forces the Lévy area to vanish only in very specific situations that are easily classified. In the absence of such obstructions, we prove that there are no further restrictions on the Lévy area and that it is typically nonvanishing and far from negligible.